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1  Bitcoin / Mining / Can someone please explain hashrate calculations in bitcoin mining? on: February 08, 2023, 09:20:59 AM
Can someone please explain how energy consumption in bitcoin mining is calculated? I keep hearing it is an ‘energy intensive’ industry, but I know for a fact that there are industries that are a lot more polluting than Bitcoin Mining. I also keep coming across news articles that say the bitcoin mining sector is getting more green, which already makes it better than most industries. I don’t understand all the unwanted hate. Anyway, if you guys could exaplain the basic calculations, it would be of great help.
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